Finance
BDCs Agents Reject New Licensing Guidelines by CBN
Bureau de Change Operators agents have criticized the new guidelines released by the Central Bank of Nigeria mandating them to...
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CBN Releases new Licensing Guidelines for BDCs
All existing Bureau De Change Operators have been mandated by the Central Bank of Nigeria to re-apply for new licenses...
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Unleashing the Power of Conversational Banking to Redefine Customer Engagement
Conversational banking, sometimes called chat banking, refers to the use of Artificial Intelligence (AI) and chat technology to help customers...
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How Virtual Accounts Can Help Businesses Manage Finances Efficiently
Efficiently managing your business finances isn't just a task, it’s the key to scaling your business for sustainable growth. Several...
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UK Govt’s MOBILIST Programme Underlines commitment to Nigeria’s Capital Market
The UK Government is committed to supporting Nigeria to develop its thriving capital markets and sees its Mobilising Institutional Capital...
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CBN Hikes Interest Rate by 150 basis Points to 26.25%
In a persistent war against rising inflation, the Central Bank of Nigeria on Tuesday raised its benchmark interest rate by...
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CBN Withdraws 0.5% Cybersecurity Levy Circular
The Central Bank of Nigeria has withdrawn its earlier circular directing banks to implement a controversial 0.5% cybersecurity levy on...
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Sanwo-Olu, Others Seek Transparent Tax System to Boost IGRs
Lagos State Governor, Mr. Babajide Sanwo-Olu, and his counterparts from Sokoto and Borno States have emphasised the need to make...
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Nigeria Excluded as IFC Signs $140m Trade Finance Facility with 7 Ecobank Subsidiaries
To promote trade and foster economic growth in Africa, IFC Friday announced trade finance facilities with seven Ecobank Transnational Incorporated...
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Confusion as Flutterwave Admits Fraud Attack, Denies Losing ₦11 billion
Flutterwave has allegedly suffered another security breach that allowed unknown persons to divert billions of naira to several bank accounts....
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The Malicious Sabotage of MoMo Payment Service Bank Project in Enugu Ezike
The recent activities of some individuals with one Davids Iyida attempting to sabotage the MoMo Payment Service Bank project intended...
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Naira Gains N61.38 at the Official Market
The Naira on Wednesday appreciated at the official market, trading at N1,459.02 to the dollar. Data from the official trading...
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Why Naira Continues to Slide – Segun Aremu
Segun Aremu, a finance expert, has highlighted the reasons Nigeria’s naira continues to slide and losing its value. The finance...
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Nigeria’s Inflation Rate Hits 33.69% in April 2024
In April 2024, the headline inflation rate in Nigeria rose to 33.69%, Techeconomy can report. The inflation is up from...
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ePayment Transactions Drop to N79.85trn in April- Report
A Report by the Financial Derivatives Company Limited has shown that transactions through electronic payment (ePayment) channels in the country fell to...
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